Could cutting out on your own and remaining a solo wholesaling CEO actually be counterproductive? Thousands decide to smash the shackles and free themselves from the rat race and get into real estate investment each year.
Many choose wholesaling properties as their ticket to financial freedom and controlling their own destiny.
It can certainly deliver on that too.
It's seen as the way to break free and be your own person.
No more bosses, no more having to clock in at the office or deal with office politics and gossip around the water cooler.
Many venture out and set themselves up as a fully independent wholesaling CEOs.
Many shun partners or employees for the hassle or control issues, not just the expense.
For some this is a big mistake.
Flipping houses can be done alone all day long, and for great profits.
However, there may be some reasons not to go it solo, even if you are a genius and have unlimited energy.
Perhaps most significantly this is because Warren Buffet, Steve Jobs or Bill Gates never did.
They never would have achieved the height of success they have if they would have stayed building computers in the garage all by themselves or just trying to make great stock picks for their own private portfolios.
They chose to go bigger.
Partners can come with their risks and headaches for wholesaling CEOs.
They can also provide incredible leverage for going bigger.
It's not just about finding money partners either.
They can bring encouragement and drive when it's tough, and a lot of additional connections and expertise and skill of their own.
In one of his most recent books Seth Godin also shockingly claimed that we still need 'factories', or teams to do really big things and to fulfill maximum potential.
Beyond just a team of robots or micromanaged data entry employees for scaling a team of peers that are fully empowered to do great work, think and innovate can fuel a real estate investment to accomplish far more.
A manager is necessary for any organization too as we've all hear the idioms about too many chiefs, or too many chefs, all thinkers and no doers, but you don't have to make management a job for yourself.
Perhaps you do love the thrill of the deal and manning the helm of your ship, but for many the real goal of wholesaling houses is income generation and wealth building to have more free time and freedom to pursue other things in life such as quality time, travel and hobbies.
For that you don't need to be a hands on manager.
You should be automating, bringing in the best talent possible and just collecting the checks while perhaps putting in 4 hour work weeks to tweak and strategize the next move for going bigger.
You can win as a solo wholesaling CEO and easily make more money than you'll ever need, but building a team can help you go even bigger while working less.
Many choose wholesaling properties as their ticket to financial freedom and controlling their own destiny.
It can certainly deliver on that too.
It's seen as the way to break free and be your own person.
No more bosses, no more having to clock in at the office or deal with office politics and gossip around the water cooler.
Many venture out and set themselves up as a fully independent wholesaling CEOs.
Many shun partners or employees for the hassle or control issues, not just the expense.
For some this is a big mistake.
Flipping houses can be done alone all day long, and for great profits.
However, there may be some reasons not to go it solo, even if you are a genius and have unlimited energy.
Perhaps most significantly this is because Warren Buffet, Steve Jobs or Bill Gates never did.
They never would have achieved the height of success they have if they would have stayed building computers in the garage all by themselves or just trying to make great stock picks for their own private portfolios.
They chose to go bigger.
Partners can come with their risks and headaches for wholesaling CEOs.
They can also provide incredible leverage for going bigger.
It's not just about finding money partners either.
They can bring encouragement and drive when it's tough, and a lot of additional connections and expertise and skill of their own.
In one of his most recent books Seth Godin also shockingly claimed that we still need 'factories', or teams to do really big things and to fulfill maximum potential.
Beyond just a team of robots or micromanaged data entry employees for scaling a team of peers that are fully empowered to do great work, think and innovate can fuel a real estate investment to accomplish far more.
A manager is necessary for any organization too as we've all hear the idioms about too many chiefs, or too many chefs, all thinkers and no doers, but you don't have to make management a job for yourself.
Perhaps you do love the thrill of the deal and manning the helm of your ship, but for many the real goal of wholesaling houses is income generation and wealth building to have more free time and freedom to pursue other things in life such as quality time, travel and hobbies.
For that you don't need to be a hands on manager.
You should be automating, bringing in the best talent possible and just collecting the checks while perhaps putting in 4 hour work weeks to tweak and strategize the next move for going bigger.
You can win as a solo wholesaling CEO and easily make more money than you'll ever need, but building a team can help you go even bigger while working less.
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